eToro and BridgeWise Launch AI-Driven Smart Portfolio for US Mid-Cap Stocks with Diversified Exposure

eToro and BridgeWise have launched a new AI-powered Smart Portfolio focused on US mid-cap stocks. The portfolio features 30 US-listed stocks with market capitalizations of up to $50 billion, selected using BridgeWise's proprietary AI model that evaluates companies based on financial data and fundamental criteria. The portfolio aims to balance sector exposure and focus on companies with growth potential that may be overlooked by traditional research coverage.

eToro and BridgeWise have launched a new AI-powered Smart Portfolio focused on US mid-cap stocks. The portfolio features 30 US-listed stocks with market capitalizations of up to $50 billion, selected using BridgeWise's proprietary AI model that evaluates companies based on financial data and fundamental criteria. The portfolio aims to balance sector exposure and focus on companies with growth potential that may be overlooked by traditional research coverage.

Gil Shapira, Chief Investment Officer at eToro, stated, "Mid-cap stocks are gaining interest at the moment as investors seek to diversify away from tech mega-caps. With interest rates coming down, mid-caps are set to benefit from lower borrowing costs" [1]. The MidCapDiverse portfolio is designed to provide retail investors with an automated and simple way to potentially uncover hidden gems in the mid-cap sector, which is often under-researched by analysts.

The portfolio includes companies from various sectors, providing a diverse exposure to the US mid-cap market. The selection process involves BridgeWise's proprietary stock analysis model, which ranks firms based on fundamental financial data and sector diversity. This approach allows investors to benefit from quantitative strategies typically available to institutional investors.

eToro's MidCapDiverse portfolio is the first Smart Portfolio dedicated to mid-cap stocks. It allows investors to track the portfolio's performance using tools and charts available on the eToro platform. Additionally, the platform's social feed provides updates related to the sectors represented in the portfolio.

This latest addition to eToro's Smart Portfolios range is part of the company's broader efforts to offer a wider selection of pre-constructed portfolios to retail investors. Recent partnerships with Franklin Templeton and WisdomTree have expanded eToro's Smart Portfolios to include commodity-focused portfolios and target-date UCITS ETF portfolios designed for investment periods of three to ten years [1].

References:

[1] https://www.financemagnates.com/fintech/retail-traders-get-ai-driven-midcapdiverse-portfolio-from-etoro-and-bridgewise/